Skip to Content
AP National Business

European stocks surge, Asia down after Wall St retreat

<i></i><br/>
KMIZ

By
Published 5:38 AM

By JOE McDONALD
AP Business Writer

BEIJING (AP) — European stocks and Wall Street futures are sharply higher as investors watch diplomatic efforts to end Russia’s attack on Ukraine. Asian markets sank after Chinese inflation rose. Oil prices fell back early Wednesday after gaining moderately following President Joe Biden’s decision to ban oil imports from Russia. Shares have seesawed amid enduring unease about the war’s global impact. Futures for Wall Street’s S&P 500 index and Dow Jones Industrial Average were up more than 1%. The Chinese government reported consumer prices rose 0.6% in February from the previous month and producer prices gained 0.5%.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content